FLNG Hilli redeployment to Argentina

Golar LNG's finalized 20-year charter of the FLNG Hilli to Southern Energy S.A. (SESA) for deployment in Argentina's San Matías Gulf represents a significant infrastructure development in the region. Valued at $5.7 billion, the charter agreement underscores the growing demand for flexible LNG solutions and highlights Argentina's efforts to bolster its energy infrastructure. The redeployment, scheduled for Q2 2027, will see the Hilli, with a capacity of 5.95 MW, contribute to Argentina's energy supply. SESA's partners in this venture include Harbour Energy, Pampa Energía, Pan American Energy, and YPF, indicating a collaborative approach to addressing Argentina's energy needs. The deal is notable for its substantial value, the long-term commitment, and the involvement of key players in the energy sector. Golar LNG's expertise in FLNG technology, combined with the participation of established Argentinian energy companies like YPF, positions this project for success. The involvement of Golar Power, previously a joint venture between Golar LNG and Stonepeak Infrastructure Partners, further emphasizes the project's focus on integrated LNG-to-power solutions. This charter agreement signifies a strategic move to capitalize on the increasing demand for LNG in South America and provides a stable revenue stream for Golar LNG over the next two decades.